Board of Directors’ committees
The mandate of the Audit Committee is to assist the BoD in safeguarding the procedure for the production of reliable and adequate financial information for the timely generation of the bank’s and the group’s financial statements, adopting and installing an independent, modern and effective Internal Control Framework, ensuring the objectivity and independence of internal and external auditors and the communication between them and with the BoD, as well as overseeing and ensuring compliance with the institutional and regulatory framework, the policies and the rules of the bank and the group.
Committee holds meetings regularly at least once per quarter, additionally whenever deemed necessary. The Audit Committee operates according to its Rules of Procedure, as approved by the BoD, and consists of the following Non-Executive Members of the BoD:
- Theodoros Efthys - Chairman
- Petros Tzannetakis - Member
- Argyro Ferentinou - Member